With finance ministers and central bank governors assembled in Lima, Peru is increasingly being hailed as Latin America's secret success story.» Read More
The company said Tuesday it will open 50 more wholesale stores in India over the next four to five years, adding to 20 it already operates.
A rare Ming Dynasty cup dubbed the "Chicken cup" was sold to a collector for $36 million. It sets a new world record for Chinese porcelain.
Since the disappearance of jet MH370 on March 8, the cost of the hunt for Malaysia Airlines airplanes has reached $44 million and is ongoing.
Gazprom Neft has not been affected by Western sanctions over Russia's annexation of Crimea
Short-seller Jim Chanos tells CNBC that China is "panicking" now that its economy faces a slowdown and lending bubble.